Power Integrations CFO to move on
Power Integrations has announced that its CFO since 2010, Sandeep Nayyar, will leave the company effective October 4 to pursue a new opportunity.
Eric Verity, senior director of finance and a veteran member of the company’s finance leadership team, will serve as interim CFO while the company searches for a new CFO. Additionally, the company reaffirmed the third-quarter financial outlook it provided on August 6, 2025.
Jennifer Lloyd, president and CEO of Power Integrations said: “Sandeep has played a vital role on our senior leadership team over the past 15 years. Thanks to his expert stewardship, Power Integrations has a strong financial foundation to build upon as we execute our growth strategy. We wish Sandeep all the best in his new role.”
Nayyar stated: “It has been a privilege to serve as CFO of Power Integrations, and I am incredibly proud of all that our finance and HR teams have accomplished during my tenure. As I begin the next chapter of my career, I leave knowing that Power Integrations is on very solid financial footing, with an extremely capable new leader in Jen Lloyd.”
